Allspring Global Investments Holdings LLC Has $191.98 Million Stock Holdings in Aptiv PLC $APTV

Key Points

• Allspring Global Investments Holdings LLC increased its holdings in Aptiv PLC by 1.3%, owning approximately 2.68 million shares worth about $192 million at the end of the latest reporting period.
• Analysts have set a consensus target price of $92.47 for Aptiv, with several firms upgrading their price objectives, including Deutsche Bank, which raised theirs from $84 to $105.
• The stock has recently traded down 2.4% and is currently priced at $80.70, with a reported earnings per share (EPS) of $2.12 for the last quarter, exceeding expectations.

Allspring Global Investments Holdings LLC grew its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 1.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,678,612 shares of the auto parts company's stock after buying an additional 33,441 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 1.23% of Aptiv worth $191,976,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Gamco Investors INC. ET AL boosted its holdings in Aptiv by 1.7% during the first quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company's stock worth $581,000 after buying an additional 160 shares during the last quarter. AlTi Global Inc. boosted its holdings in Aptiv by 1.6% during the first quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company's stock worth $635,000 after buying an additional 173 shares during the last quarter. Stephens Inc. AR boosted its holdings in Aptiv by 5.4% during the first quarter. Stephens Inc. AR now owns 3,941 shares of the auto parts company's stock worth $234,000 after buying an additional 201 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Aptiv by 2.9% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,443 shares of the auto parts company's stock worth $502,000 after buying an additional 235 shares during the last quarter. Finally, OLD Second National Bank of Aurora boosted its holdings in Aptiv by 1.0% during the first quarter. OLD Second National Bank of Aurora now owns 24,547 shares of the auto parts company's stock worth $1,461,000 after buying an additional 239 shares during the last quarter. Institutional investors own 94.21% of the company's stock.

Insider Buying and Selling

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. The trade was a 1.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.45% of the company's stock.

Wall Street Analysts Forecast Growth

APTV has been the topic of several recent analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Aptiv in a report on Wednesday, October 8th. Oppenheimer lifted their price objective on Aptiv from $88.00 to $92.00 and gave the company an "outperform" rating in a report on Thursday, September 11th. Deutsche Bank Aktiengesellschaft lifted their price objective on Aptiv from $84.00 to $105.00 in a report on Friday. TD Cowen lifted their price objective on Aptiv from $94.00 to $104.00 and gave the company a "buy" rating in a report on Thursday. Finally, Robert W. Baird lifted their price objective on Aptiv from $97.00 to $105.00 and gave the company an "outperform" rating in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $92.47.

Aptiv Trading Down 2.4%

NYSE APTV opened at $80.70 on Monday. The stock has a market capitalization of $17.57 billion, a price-to-earnings ratio of 18.47, a PEG ratio of 0.90 and a beta of 1.55. The stock's 50 day moving average price is $79.62 and its two-hundred day moving average price is $69.32. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80.

Aptiv (NYSE:APTV - Get Free Report) last released its earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, beating the consensus estimate of $1.83 by $0.29. The firm had revenue of $5.21 billion for the quarter, compared to analysts' expectations of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The business's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. As a group, analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Aptiv Company Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.

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